SpaceX targets June 11 IPO pricing at $1.75T valuation — and crypto markets could feel the drain!

SpaceX is accelerating plans for what could become the largest initial public offering in history, targeting a June 11 pricing date and a Nasdaq listing with trading set to begin as early as June 12. The company is seeking to raise roughly $75 billion at a $1.75 trillion valuation — dwarfing Saudi Aramco's $29 billion 2019 debut and reshaping the record books entirely. A faster-than-expected SEC review of its April S-1 filing pulled the timeline weeks ahead of the original late-June target.

The scale of the deal is already triggering capital-flow warnings across Wall Street. MSCI flagged in a February scenario analysis that megacap IPOs of this magnitude could trigger sector reallocations across benchmark indexes and drain liquidity from markets outside the newly listed companies — including crypto, which increasingly trades within the same speculative capital ecosystem as high-growth…